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Analysis: The outflow of funds from the Grayscale Ethereum Trust may put pressure on ETH prices

2024-07-23 22:35:47

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ChainCatcher news, Hashkey Capital Liquid Fund partner Jupiter Zheng stated that the outflow of funds from the Grayscale Ethereum Trust may put pressure on the ETH price after today's ETF launch, and it may also suppress market sentiment in the short term. However, similar to the Bitcoin ETF, investors may shift their funds to lower-cost options.

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Capital outflow Ethereum spot ETF Grayscale Trust

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